To: Investor Clouseau who wrote (97 ) 12/9/1999 2:39:00 PM From: Ms.Penny Respond to of 192
Hi, Someone from Raging Bull suggest that someone post the following on the Si Board: I got this today from The Individual Investor's Analyst (sshia@listbot.com) Strong Buy Reiterated On Netplex We reiterate a strong buy on Netplex and raise our short term target price from $10 to $13. Yesterday, it jumped into the 8s before dipping back into the 6s, then closing in the mid-7s. We feel this movement was the result of day traders exiting the stock. Do not be concerned about the ups and downs of NTPL on a short term basis. We like this stock long term and until a major change occurs, such as company fundamentals, we continue to buy it on dips. According to the interview of Gene Zaino on Wall Street Radio yesterday, institutions have been buying the stock, which helps explain the strong share price. NTPL is a real serious, solid company. It is not a stock to day trade or you might miss a big move upward. HYPE? Browsing the message boards, you can see that many posters are trying to hype this stock and compare it to "agency.com", which we believe it has nothing to do with. NTPL has nothing to do with getting people jobs. There are literally thousands of job sites on the internet for this service. NTPL has a "Techcellence" business which acts as a corporate infrastructure. A competitor in this new space would be "freeagent.com". The Best Saved For Last Finally, if you are still reading (and who wouldn't be?), we have saved the best for last. Although we don't tout "hot" stocks, we do like to give you "hot" information. We feel this is hot. Our sources (which we must keep secret) are hinting that Gene Zaino's recent trip to New York had to do with an analyst beginning coverage on the stock. We say to look for such an announcement in the next few days to a week. It will probably come. Coverage by a brokerage house, however minor, would do much for the stock price, we believe. Sooner or later, a brokerage house has to cover this stock. --------------- Somebody please go post this on SI, will you? Thanks. Rock on.